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Problem 11.14 Campbell's Ratio analysis-comprehensive problem, 2017 data This problem is based on the 2017 annual report of Campbell Soup Company in the appendix. Required:

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Problem 11.14 Campbell's Ratio analysis-comprehensive problem, 2017 data This problem is based on the 2017 annual report of Campbell Soup Company in the appendix. Required: a. Compute the following profitability measures for the year ended July 30, 2017: 1. Return on investment, based on net earnings (perform a DuPont analysis). 2. Return on equity, based on net earnings and total equity. 3. Price/earnings ratio. Use $52.85 as the year-end market price. 4. Dividend yield. 5. Dividend payout ratio. b. Compute the following liquidity measures at July 30, 2017: 1. Working capital. 2. Current ratio. 3. Acid-test ratio. c. Compute the following activity measures for the year ended July 30, 2017: 1. Number of days' sales in accounts receivable, based on a 365-day year. 2. Number of days' sales in inventory, based on a 365-day year. 3. Accounts receivable turnover. 4. Inventory turnover. 5. Turnover of net property, plant, and equipment. d. Compute the following financial leverage measures at July 30, 2017: 1. Debt ratio. 2. Debt/equity ratio. e. Compute the following physical measures of Campbell's profitability at July 30, 2017

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